Biennial Assessment and Overview of Climate Finance Flows 2014

Abstract

For such commitments to be meaningful, it is essential to be able to measure the extent to which (i) developing countries fulfil their financial obligations; and (ii) disbursed funds achieve their intended results, i.e. whether the funds are effectively and efficiently deployed in mitigation and adaptation activities. Thus, tracking the delivery of commitments and completing the picture of the climate finance landscape is an essential step towards achieving the 2 degree Celsius target. Such an endeavour requires a clear picture of how much and what types of support are being made available, how the support corresponds to countries’ needs and goals, and whether financial resources are being spent productively. All of these points are critical for improving transparency, thereby building trust among countries and ensuring the effective use of available financial resources. About this guide

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